Tabbaa calls for establishing Jordanian-US business council

AMMAN — The Jordanian private sector is looking forward to increasing US investment in the Kingdom, which currently stands at $2.2 billion in different economic sectors, Jordanian Businessmen Association (JBA) President Hamdi Tabbaa said Sunday.

At a meeting with US Ambassador Alice G. Wells, also attended by other JBA members, Tabbaa called for establishing a Jordanian-US business council to form a platform for discussing joint cooperation between business communities in both countries.

The JBA president also noted that there are successful Jordanian investments in the US in the pharmaceutical, engineering and ICT sectors. He stressed the importance of implementing the electric grid project between Jordan and Saudi Arabia to provide part of the Kingdom's electric power needs.

Tabbaa highlighted the JBA's role in enhancing the Kingdom's economic relations at the private sector level through the business council network that connects Jordan with 40 Arab and foreign countries.

Wells expressed her readiness to provide whatever can boost economic relations with Jordan and enhance the ties between both countries' business communities, in addition to benefiting from the joint free trade agreement by having more US partnerships and investments.